12753 Machete, Austin TX 78729

The estimated value of this property is $487,471, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $508,000 and $511,000. With 3 comparable homes on the market in 78729, this price positions the property as the most expensive of 3 comparable homes on the market. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. With 3 similar homes currently listed in 78729 (a balanced market), competition is a factor to consider. Recent trends in 78729 show home values have risen 2.9% since 6 months ago. The most comparable recent sale is 8121 Luling LN, Austin TX 78729, with an adjusted value of $524,395; with a smaller floor plan. Based on 7 relevant data points in 78729, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX